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Dec 9, 2012
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met today at the white house to talk about ways to resolve the fiscal cliff. meanwhile, we have brand-new reaction from lawmakers from both sides of the aisle speaking out today with just weeks left to reach a deal and little reported progress. the fight appears to be moving towards spending cuts and more and more republicans seem to open to the call to raise taxes on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue. we 6 one house and that is it. a lot of people are putting forth a theory and i think it has merit where i go ahead and give the president the 2%, one speaker calls for an increase in revenues to 39.6 and the other things that the president hats called for. we have done trillion in cuts but we realize there will have to be other cuts and serious negotiations about that. we will have different views. my view and senator corker's views are different but we will have to find spending cuts. >> heather: brad blakeman is assistant to george w. bush and jo
met today at the white house to talk about ways to resolve the fiscal cliff. meanwhile, we have brand-new reaction from lawmakers from both sides of the aisle speaking out today with just weeks left to reach a deal and little reported progress. the fight appears to be moving towards spending cuts and more and more republicans seem to open to the call to raise taxes on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as...
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Dec 22, 2012
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the so-called fiscal cliff, saying it's now up to the president and democratically controlled nate senate to come up with a solution. >> what the president has offered so far simply won't do anything to solve our spending problems and our nation's crippling debt. instead he wants more spending and tax hikes that will hurt our economy and reduces the challenges of his party to deal honestly with the entitlement reform and the big issues that are facing our nation. that's why we find ourselves here today. >> jamie: there's just nine days left. can the lawmakers work out a deal before it's too late? angela mcglowan is a fox news analyst and michael meehan ceo of ben square communications, and advisor to senator john kerry, quite a week for him. angela, before i talk to you, is whether or not a deal could happen before it's too late, is that question moot? >> no, it isn't, jamie. a deal can happen and i believe that a deal will happen. i'm going to make a statement that president obama made about being optimistic. i'm optimistic that they can cut a deal for what they need to stop doing is thi
the so-called fiscal cliff, saying it's now up to the president and democratically controlled nate senate to come up with a solution. >> what the president has offered so far simply won't do anything to solve our spending problems and our nation's crippling debt. instead he wants more spending and tax hikes that will hurt our economy and reduces the challenges of his party to deal honestly with the entitlement reform and the big issues that are facing our nation. that's why we find...
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Nov 11, 2012
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way to avoid the fiscal cliff. that's massive automatic tax increases and spending cuts that will kick in at year's end unless a deal is reached. let's find out if that's possible. john fund, national review magazine and coauthor of who's counting. >> thank you. >> start with asking about the president asking congressional leaders to come to the white house. a lot of people called for that. do you think we'll see bipartisanship? i better learn to say that because we hope it will be here. before the end of the year when we need it? >> well, there are two problems. one, there's not much time left and it's the holiday season. and the second problem is, this would be decided by an old congress which doesn't have the legitimacy of the new congress. i think we'll see a bridge over the fiscal cliff, temporary, where they kick down the road decisions on spending cuts and tax increases. then we'll have to have a grand bargain early next year involving rewriting the tax code which is longer than the bible. don't expect a per
way to avoid the fiscal cliff. that's massive automatic tax increases and spending cuts that will kick in at year's end unless a deal is reached. let's find out if that's possible. john fund, national review magazine and coauthor of who's counting. >> thank you. >> start with asking about the president asking congressional leaders to come to the white house. a lot of people called for that. do you think we'll see bipartisanship? i better learn to say that because we hope it will be...
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Dec 16, 2012
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. >> and the fiscal cliff continues. reports that house speaker john boehner would be open to raising tax rate on those who make a million dollars or more in example for major cuts elsewhere. is that an idea you can support? or is it a no-go for you if there are any tax increases? >> i have given my support to john boehner. we'll never get the perfect deal. i am confident that john will get the best deal we can, the president won the election, the democrats took the senate, we took the house. there is barg ang goingomp i think it's wrong for republicans to be second-guessing what john boehner might be doing or laying out positions about what they can or cannot support. vitold john that based on my knowledge of him and his commitment, i am prepared to support the agreement that he ultimately negotiates, convinced that it's the best we get under the circumstances. >> congressman peter king, we thank you for your time today. >> thank you. >> in just a few hour, president obama will travel to new tong to mourn the victims an
. >> and the fiscal cliff continues. reports that house speaker john boehner would be open to raising tax rate on those who make a million dollars or more in example for major cuts elsewhere. is that an idea you can support? or is it a no-go for you if there are any tax increases? >> i have given my support to john boehner. we'll never get the perfect deal. i am confident that john will get the best deal we can, the president won the election, the democrats took the senate, we took...
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Dec 30, 2012
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ed henry, live at the white house. >> the fiscal cliff is not the only one in town, congress facing a milk cliff. the farm bill is set to expire new year's day. if an extension is not passed farm policies are reverting to laws from 1949 and dairy costs would skyrocket. one option, a s extension that would at least prevent milk prices from rising. >> the looming fiscal crisis is leaving small business owners on the edge, creating uncertainty. anna spoke with business observers about their fear and joins us live in new york. >> hey there, uncertainty of the looming fiscal cliff is causing small business owners for defensive and unable to plan for the future. economists say businesses are postponing purchases like equipment or merchandise until decisions are made. >> the fact is businesses are holding back on their investments. we see this in official government numbers in terms of private sector spending. we also see it in hiring. >> i spoke to arthur cooper, owner of a internet marketing company, who is concerned the change in tax rates will hurt his ability to hire and reward his empl
ed henry, live at the white house. >> the fiscal cliff is not the only one in town, congress facing a milk cliff. the farm bill is set to expire new year's day. if an extension is not passed farm policies are reverting to laws from 1949 and dairy costs would skyrocket. one option, a s extension that would at least prevent milk prices from rising. >> the looming fiscal crisis is leaving small business owners on the edge, creating uncertainty. anna spoke with business observers about...
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Nov 10, 2012
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and avoid the approaching fiscal cliff? >> and right now, 300,000 people still don't have power in the wake of hurricane sandy. gas rationing helped some. but as temperatures droppedangry new yorkers want the power company held accountable. live in the nation's captital starts now. >> 12 days later thousands of people don't have power. many feel abandoned and a lot of finger pointing going on. and no straight answers. peter doocy is looking at why they are blamed and we begin with anna on how residents feel at this hour. >> hey, there. we have one of six dumping stations here on staten island and a breath taking sight to see. we watched the debris piling up. and the nor'easter slowed progress some and definitely an active scene today. residents are complaining that aid is slow to come. i spoke with the federal accord nading officer for fema who said 26 disaster recovery set up. food, water and information and hot spots there and working to set up more internet access for folks. we have a phone number. this is important if w
and avoid the approaching fiscal cliff? >> and right now, 300,000 people still don't have power in the wake of hurricane sandy. gas rationing helped some. but as temperatures droppedangry new yorkers want the power company held accountable. live in the nation's captital starts now. >> 12 days later thousands of people don't have power. many feel abandoned and a lot of finger pointing going on. and no straight answers. peter doocy is looking at why they are blamed and we begin with...
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Dec 22, 2012
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. >> hi, uma, the fiscal cliff may be looming. but both sides are pulting the dial on hold. no deal for the tooks . at times it appeared congress was made but not the case this weekend. house speaker john boehner said he is hopeful, but none theless of as the presidentov dubbinging the fiscal issue in the stapped off. boehner delivered the gop. >> the president has offedy will not do anything to solvelet speppeding problem and begins to the crippling debt. he wants more spending and tax hikes and that will hurt our economy . he refuses to challenge the members of his family to deal with entitlementriform and the big issues that are facing our nation. president obama said a deal could be reached but that appears unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing for a tax cut for the middle class and calling for compromise. it can only pass from democrats and republicans and no one gets 100 percent of what they want. everyone has to give a bit in a sensible w
. >> hi, uma, the fiscal cliff may be looming. but both sides are pulting the dial on hold. no deal for the tooks . at times it appeared congress was made but not the case this weekend. house speaker john boehner said he is hopeful, but none theless of as the presidentov dubbinging the fiscal issue in the stapped off. boehner delivered the gop. >> the president has offedy will not do anything to solvelet speppeding problem and begins to the crippling debt. he wants more spending and...
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Dec 23, 2012
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he joins us live next. >>> to the fiscal cliff. you know the national debt tops more than $16 trillion. as house speaker john boehner put it, quote, let's be honest. we're broke. how does washington get its economy in order? who better to ask than a billionaire. he built his company red apple group from nothing. john, welcome. thank you for coming. >> thank you for having me. how do we get this spending under control? >> common sense prevails. we are all americans. newt gingrich and bill clinton hated each other. but they sat around the table and solved the problem. we had an excess in our budget which is unheard of. these people have to realize whether they are democrats or republicans, it is not being democrats or republicans. it is being americans. sit down at the table and negotiate and come up with a solution instead of going off to hawaii and instead of going home that's what business people do. if i have a problem in one of my companies, i sit down and i say, guys, let's solve the problem. you don't just raise prices or rais
he joins us live next. >>> to the fiscal cliff. you know the national debt tops more than $16 trillion. as house speaker john boehner put it, quote, let's be honest. we're broke. how does washington get its economy in order? who better to ask than a billionaire. he built his company red apple group from nothing. john, welcome. thank you for coming. >> thank you for having me. how do we get this spending under control? >> common sense prevails. we are all americans. newt...
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Dec 29, 2012
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if democrats didn't like it no one wanted wouldd. >> yes over the fiscal cliff. >> yes. >> roon? >> a small deal and the rest will go over the cliff. >> you heard it here. thank you very much for joining us. >> great to be here. all eyes are on the senate to come up with a deal the house can pass. coming up. chris wallace sits down with two senators. republican lindsay graham and diane feinstein to see if there is time for a deal. >> national hockey league does making a new offer to the players in hopes of breaking the stale mate. it was presented to the players on the thursday . players and owners have not discussed the lock out. and nhl season is cancemed through the franth. they had said they don't want a season with fewir than 48. >> fbi and marilyn monroe . was there a link between the movie star and communist party. correspondant ixplains what new documents were released and say about the late actress. >> the fbi released new information about actress marilyn monroe. they were monitoring for ties to communist. >> she had a lot of high profile friends and under media scrut n
if democrats didn't like it no one wanted wouldd. >> yes over the fiscal cliff. >> yes. >> roon? >> a small deal and the rest will go over the cliff. >> you heard it here. thank you very much for joining us. >> great to be here. all eyes are on the senate to come up with a deal the house can pass. coming up. chris wallace sits down with two senators. republican lindsay graham and diane feinstein to see if there is time for a deal. >> national hockey...
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Dec 30, 2012
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cliff tax hikes are set to take a bigger bite and the military facing serious cutbacks along with other federal programs that millions of americans count on. >> ed henry live at the white house with the latest on the negotiations. ed, we are really getting down to the wire. what did the president say this morning and will that make a difference? >> good morning, eric. part of what he was doing was putting the onus on republicans. this s his first sunday mornig appearance since 2009. on meet the press. now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said if republicans stop they will be to blame for the fiscal cliff. what role do you have in this don't you have
cliff tax hikes are set to take a bigger bite and the military facing serious cutbacks along with other federal programs that millions of americans count on. >> ed henry live at the white house with the latest on the negotiations. ed, we are really getting down to the wire. what did the president say this morning and will that make a difference? >> good morning, eric. part of what he was doing was putting the onus on republicans. this s his first sunday mornig appearance since 2009....
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Nov 11, 2012
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economy is getting close to falling off that so-called fiscal cliff. president obama and house speaker boehner they have promised to compromise but what does it mean and can they get it done? >> gregg: approved by voters in two states but federal government says wait just a minute. don't pop out the pot quite yet. it is still against the law. which side is going to win this fight? i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! ♪ ♪ morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. t
economy is getting close to falling off that so-called fiscal cliff. president obama and house speaker boehner they have promised to compromise but what does it mean and can they get it done? >> gregg: approved by voters in two states but federal government says wait just a minute. don't pop out the pot quite yet. it is still against the law. which side is going to win this fight? i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] dayquil doesn't treat...
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Dec 8, 2012
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cliff . members are not friendly to disaster relief. but the care has given a good head start. president obama signed an executive ordering the tax force . it will be shared by the secretary of housing and urban. >> and tough words from mike huckabee. when it comes to the bible. american is ignorant. >> news anchors and enterstain tainers who think they understand. they will have weird ideas about what the and. he goes on to say there is it a lack of understanding about who jesus is. is america bib biblically ignorant. i will read thos responses later in the hour. >> the economic forecast remains challenging . we'll see more unemployment lines in 2013. art lakker has more . rest sure there is home. reverend franklin talks about faith in the challenging times. >> reverend graham will joins live. stay with us. ♪ clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/
cliff . members are not friendly to disaster relief. but the care has given a good head start. president obama signed an executive ordering the tax force . it will be shared by the secretary of housing and urban. >> and tough words from mike huckabee. when it comes to the bible. american is ignorant. >> news anchors and enterstain tainers who think they understand. they will have weird ideas about what the and. he goes on to say there is it a lack of understanding about who jesus...
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Dec 2, 2012
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fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for clinton era tax rates and wants top earns to pay 39.6%. he said when that was the rate in the '90s there was was good economic growth and strong private investment. said republicans would rather raise revenue closing the loophole and limiting deduction need the time to realize that might not bring in enough cash. >> that is a good set of propose is and good for the economy. if they have suggestions, they want to go further, lay it out to us. >> secretary geithner said he cannot promise we won't go off t
fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy...
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Dec 23, 2012
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cliff at the white house on friday before leaving town for christmas. he scaled back his goals for the few remaining days between now and the end of the year. he is focusing now on the middle class tax cut and extended unemployment benefits. both of which would disappear january 1st if nothing is done. the president and his supporters believe a larger deal is possible, one that includes higher taxes on the wealthy. the president supporters saying that position should come as no surprise to anyone. >> on taxes i know it is hard for the republicans, but the president ran on that platform, 250. no tax increases for people below, but taxes for people uh uh -- above. 60% of the voters were for it in the exit polls including some republicans. >> everyone is expected back here in washington after christmas to try again to hammer out some kind of deal, doug. >> thank you very much, steve. >>> the first family is spending the holidays as you know in the president's home state of hawaii. but mr. obama is taking time out from his vacation to attend a funeral servi
cliff at the white house on friday before leaving town for christmas. he scaled back his goals for the few remaining days between now and the end of the year. he is focusing now on the middle class tax cut and extended unemployment benefits. both of which would disappear january 1st if nothing is done. the president and his supporters believe a larger deal is possible, one that includes higher taxes on the wealthy. the president supporters saying that position should come as no surprise to...
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Oct 13, 2012
10/12
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>> well, that's one of the big issues people are talking about, the economists with the fiscal cliff. and look at this issue alone, we would call this a fiscal mountain. because if mortgage interest deductions are not able to still exist, certainly the housing market, any recovery that we've seen in the housing industry, would be halted. so congress knows this, ben bernanki has been addressing this issue, trying to sort of calm the issue down. they believe that this will be able to be worked out. >> so the interest rates have come down to record lows. does it make sense to refinance if ultimately -- i it used to be you would buy a house specifically for that mortgage interest deduction, and hopefully keep some of your pay if you were a w-2 employee. >> you know, you really have to take a look at your overall plan, if you will. because the process has changed quite a bit. one of the things that you need to know, this isn't the refi days of old with no doc and stated doc loans and things like that. you have to have your documentation in place. and you will have to show at least two year
>> well, that's one of the big issues people are talking about, the economists with the fiscal cliff. and look at this issue alone, we would call this a fiscal mountain. because if mortgage interest deductions are not able to still exist, certainly the housing market, any recovery that we've seen in the housing industry, would be halted. so congress knows this, ben bernanki has been addressing this issue, trying to sort of calm the issue down. they believe that this will be able to be...
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Nov 17, 2012
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well, 51% say it is likely that congress and the white house will agree a on a plan to avoid the fiscal cliff. while 42% say, not so much. pretty unlikely. let's bring in scott rasmussen to talk more about this. so 51% say it's likely they'll reach a deal. they have faith. >> well, they have a little bit of faith. only 29% have a strong opinion one way or the other and they're split down the middle. seven out of ten americans say they're not really sure what's going to happen, but they are leaning in one direction. 60% do want to see the tax cuts extended. 48% want to see the spending cuts stopped. so there is a hope that something can happen. at the early stage in negotiations, people aren't really sure what's going to happen. heather, i got to tell you, when you got beyond the short-term and you ask about what are the prospects for a longer term deal to rein in spending in the future, most americans say you've got to be kidding? >> gregg: the president wants to raise taxes on the rich and he seems to identify those rich people as anybody who makes over $250,000 a year. some of those m
well, 51% say it is likely that congress and the white house will agree a on a plan to avoid the fiscal cliff. while 42% say, not so much. pretty unlikely. let's bring in scott rasmussen to talk more about this. so 51% say it's likely they'll reach a deal. they have faith. >> well, they have a little bit of faith. only 29% have a strong opinion one way or the other and they're split down the middle. seven out of ten americans say they're not really sure what's going to happen, but they...
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Nov 17, 2012
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no doubt they will discuss how to avoid the fiscal cliff. that's a series of automatic tax hikes and spending cuts due to kick in the beginning of next year. at that point the tax rates are expected to be a sticking point in the negotiations because both sides have already made their case to the american people, listen. >> the other path is for congress to pass a law right away to prevent a tax like on the first $250,000 of anyone's income. and that means all americans, including the wealthiest americans get a tax cut and 98% of americans and 97% of iness owners won't see their income taxes go up a single dime. the senate has already passed a bill like this, democrats in the house are ready it pass one, too. all we need is for republicans in the house to come on board. we shouldn't hold the middle class hostage while congress debates tax cuts for the wealthy. >> tax reform that eliminates wasteful tax to generate revenue will help bring fairness and efficiency to our tax system and this approach makes more sense than raising tax rates, which
no doubt they will discuss how to avoid the fiscal cliff. that's a series of automatic tax hikes and spending cuts due to kick in the beginning of next year. at that point the tax rates are expected to be a sticking point in the negotiations because both sides have already made their case to the american people, listen. >> the other path is for congress to pass a law right away to prevent a tax like on the first $250,000 of anyone's income. and that means all americans, including the...
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i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial? >> it's always beneficial, i always think that new minds are great to come to the table to give new ideas. what we have have to stop down is putting a bandaid on it and kicking it down the road. we need true me form or we'll be talking about this a year from now. >> jamie: doug, a prediction, going over? >> i don't think so. but you bring up a good point member about the 90 house members who are going to leave and more political incentive to do it now, because with new members, they're going to have to go through the debate again. >> jamie: thank you, guys. always a great discussion, always is. and our own chris wallace has an excl
i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial? >> it's always beneficial,...
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. >> a new wrinkle in the arm wrestling over the looming fiscal cliff. the white house is asking lawmakers to give up their role in authorizing the u.s. government to increase the debt limit. calling it a constitutional issue. he laid out the republican argument. listen. >> we do have some leverage with the debt ceiling increase more than we have right now. right now he has the cards. if nothing happens the debt ceiling goes up automatically. what we are told is the president is thinking about what he might be able to do to raise the debt sealing without going congress which would be a huge mistake. it is a constitutional issue. >> let's bring in our political panel. he is a campaign consultant and she is the director of out reach for freedom works and author of backlash. thank you for joining us. >> i want to start with the debt ceiling. for that i have my minute flea constitution which i love pulling out. article one, the congress shall have power to lay and collect taxes, dutiesett set raw to pay the debt and provide for the common defense and general
. >> a new wrinkle in the arm wrestling over the looming fiscal cliff. the white house is asking lawmakers to give up their role in authorizing the u.s. government to increase the debt limit. calling it a constitutional issue. he laid out the republican argument. listen. >> we do have some leverage with the debt ceiling increase more than we have right now. right now he has the cards. if nothing happens the debt ceiling goes up automatically. what we are told is the president is...
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Nov 17, 2012
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cliff. earlier i spoke with maryland congressman, the ranking democrat on the house budget committee about how confident he is a teal can be reached by the end of the year and whether he thinks the president received a mandate from voters to raise taxes on the wealthy. >> i'm confident that there is the desire and will to get it done. as always, the devil is in the details and there is a lot of work to do. but we have a constructive spirit and so i'm hoping that will get us through. but again, there are lots of tough negotiations ahead. >> why don't you feel that closing loopholes is enough to make a difference similar to what the simpson bowles plan called for? >> the simpson bowles plan has two revenue components. one is they assume in their baseline, in their starting point, that you will get the same amount of revenue you would achieve if you allowed the top rate to go back to clinton era levels, a little over 39%. on top of that, they generate about a trillion dollars through tax reform
cliff. earlier i spoke with maryland congressman, the ranking democrat on the house budget committee about how confident he is a teal can be reached by the end of the year and whether he thinks the president received a mandate from voters to raise taxes on the wealthy. >> i'm confident that there is the desire and will to get it done. as always, the devil is in the details and there is a lot of work to do. but we have a constructive spirit and so i'm hoping that will get us through. but...
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Dec 2, 2012
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cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down, durable goods decreasing now we have manufacturing coming out on monday as well as jobs report on thursday or friday? >> yeah, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the nex
cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down,...
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economy from going over the so-called fiscal cliff. in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> arthel: let's talk about it now. matt is the former white house political director under president george w. bush. alexis is the executive director for the american values institute. good to see both of you. >> great to be here. >> arthel: very good. so let's say that each of you is going to broker this deal. tell me the concessions you would make and what would be the deal breakers. i'm going to go with you first, matt. >> okay. so i'm in the seat of power. i guess if i'm a republican, i want to make sure t
economy from going over the so-called fiscal cliff. in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i...
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. >>> we are wrapping up a week where we heard negotiations on avoiding the so-called fiscal cliff were going no where on capitol hill. each side continues to dig in. but even if the president and house speaker john baner are able to reach a deal, there is no guarantee it would pass the lame duck congress. some say they are not sure they could go along with it. and some democrats might balk as well. everybody agrees that something has to be done, but so far no deal. >> first if congress does nothing, every family in america will see their income taxes go up on january 1st. a typical middle class family of four will get a $22 tax hike. that would be bad for families. it would be bad for businesses, and it would drag down our entire economy. >> we must get the national debt under control. tax increases will not solve our $sick teen trillion debt. only economic growth and a reform of entitlement programs will control the debt. >> let's say hello to our political panel. debbie is the former chair of vice president al gore's 2000 campaign in michigan. nice to see you. and chip is a former go
. >>> we are wrapping up a week where we heard negotiations on avoiding the so-called fiscal cliff were going no where on capitol hill. each side continues to dig in. but even if the president and house speaker john baner are able to reach a deal, there is no guarantee it would pass the lame duck congress. some say they are not sure they could go along with it. and some democrats might balk as well. everybody agrees that something has to be done, but so far no deal. >> first if...
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negotiate and. >> kelly. >> and to the point and avoid the fiscal cliff. >> kelly: but to mark's point, angela, senator mitch mcconnell is known for having good brinksmanship and getting it deal done. >> we're on the brink. >> that's what i said earlier in the interview, we're going to get a deal done, it's going to be because of mitch mcconnell and boehner working with the democrats that we don't go over the fiscal cliff, however, republicans are going to have to acquiesce, we will have some tax hikes, i think probably 750,000 and above i think that's the number, but what republicans are holding back the debt ceiling debate and cutti cutti cutting entitlement programs and they're going to use that later in the year. >> kelly: mark, the final word. >> if angela's prediction sort of come through-- and i hope it does, the republicans and senate negotiate, and republicans and congress will be responsible for the largest tax increst on all americans in modern american history and that would be unfortunate and soon talk about obama tax cuts when we talk about the middle class america. >> ke
negotiate and. >> kelly. >> and to the point and avoid the fiscal cliff. >> kelly: but to mark's point, angela, senator mitch mcconnell is known for having good brinksmanship and getting it deal done. >> we're on the brink. >> that's what i said earlier in the interview, we're going to get a deal done, it's going to be because of mitch mcconnell and boehner working with the democrats that we don't go over the fiscal cliff, however, republicans are going to have to...
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and the white house, we hope that negotiations continue over the fiscal cliff. i want to ask you about the idea being discussed that raising the debt ceiling could be something that would be taken out of congress's purview and given essentially to the white house, for the president alone to make that decision, what do you make of that? >> insofar as we for talking about legislation, politically that, idea has to be deads on arrival. i don't know why congress would part with this, given to congress. this is an unwise proposal and not one that i see getting any traction. >> do you think that it is a broader, sort of look at different moves we have seen by this administration, to essentially go around congress, whether it comes to regulations or treaties or things that, in some ways have limited or no congressional intercention -- intervention, big policy decisions that impact americans as a whole. >> if it's an instance of the president's go-it-alone policy without congressional authorization, constitutionally, he is on the weakest possible ground. there is nothin
and the white house, we hope that negotiations continue over the fiscal cliff. i want to ask you about the idea being discussed that raising the debt ceiling could be something that would be taken out of congress's purview and given essentially to the white house, for the president alone to make that decision, what do you make of that? >> insofar as we for talking about legislation, politically that, idea has to be deads on arrival. i don't know why congress would part with this, given to...
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president obottommal meet with the congressional leaders for a plan aimed at avoiding the fiscal cliff. lawmakers have said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a former rnc spokesperson and dnc spokesman. great to see you both. there is a lot of finger-pointing and blame. but the fact is, enough people voted on what has gotten us to this point. who steps up at this point? and has a chance to show leadership and get something done? >> i think the president is in the right position to do that. i am a little bit worried about speaker boehner's position, that's what the op-ed, saying obamacare should be on the table. one, the congressional budget office took a look, if you repealed obamacare entirely, it would cost $109 billion. so i don't think the speaker's put it on the table because it helps, i think he put it on there for positioning. but there is a problem there. the american people have had this debate. mitt romney maid the case that obamacare should be repealed and said it
president obottommal meet with the congressional leaders for a plan aimed at avoiding the fiscal cliff. lawmakers have said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a former rnc spokesperson and dnc spokesman. great to see you both. there is a lot of finger-pointing and blame. but the fact is, enough people voted on what has gotten us to this point. who steps up at this point? and has a...
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>> rick: well, as we have told you time is running out for lawmakers to avoid going over the fiscal cliff. congress taking off for their christmas break without striking a deal, leaving them days when they return. the president and the house speaker, john boehner encouraging both sides to try to get the job done. >> president barack obama: we move forward together or don't move forward at all. so, as we leave town for a few days, to be with our families, for the holidays, i hope it gives everybody perspective. >> we proposed plans over and over again, the democrats used to support, but now they won't. i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house and democrats continue to run washington. >> rick: a democratic political consultant, former advisor to hillary clinton's 2008 presidential campaign, and a former media spokesperson for president george w. bush. welcome to you both and what a mess. mercedes, if you are speaker boehner, do you want to sit back and let the president and democrats on the hill run this show? >> well, unfortunately, that
>> rick: well, as we have told you time is running out for lawmakers to avoid going over the fiscal cliff. congress taking off for their christmas break without striking a deal, leaving them days when they return. the president and the house speaker, john boehner encouraging both sides to try to get the job done. >> president barack obama: we move forward together or don't move forward at all. so, as we leave town for a few days, to be with our families, for the holidays, i hope it...
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the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we are all grownups. we have a responsibility to the american people. the elements for an agreement are there. time is of the essence, the quicker we do tthe more confidence we instill, the better it is for the economy and the american people. >> reporter: republicans, too, have expressed optimism that the fiscal cliff can be avoided and are open to signing legislation that includes new sources of revenue. but the president wants to raise most of that new money with $1.6 trillion over a decade. republicans are not likely to go along with that. this is why. >> there certainly is room for negotiation oneal solution and a real solution includes both revenue, increases and spending reductions. the reason we have concern about what the president has talked about a
the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we are all grownups. we have a responsibility to the american people. the elements for an agreement are there. time is of the essence, the quicker we do tthe more confidence we instill, the...
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negotiatorses looking for a solution to fiscal cliff and facing a political cliff. the stakes are high as rebound and house speaker boehner look for support from their rank and file and the american people, who comes out ahead who is the big loser. we will bring in our political insider, john leboutillier, former republican congressman for new york, pa can -- pat caddell, former pollster for jimmy carter, and doug schoen, former pollster if bill clinton. joe lieberman said today and he is a pretty straight shooter and he said this is really the first time he felt it was more likely we will go over the cliff. >> with the collapse of the republican plan last thursday and the fact that the president is putting forward the same proposal he has been proposing for weeks if not months there is no consensus and everyone has left town and we only have nine days and four of those days everyone is on vacation. >>gregg: boehner could not get the support of his own party on his plan "b" solution. how were of a fiasco was that? >> i would say up there with the fiascoes politicall
negotiatorses looking for a solution to fiscal cliff and facing a political cliff. the stakes are high as rebound and house speaker boehner look for support from their rank and file and the american people, who comes out ahead who is the big loser. we will bring in our political insider, john leboutillier, former republican congressman for new york, pa can -- pat caddell, former pollster for jimmy carter, and doug schoen, former pollster if bill clinton. joe lieberman said today and he is a...
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the house is shut down through christmas and even as we get closer and closer to the fiscal cliff. no deal was reached this week that would keep taxes from going up for everyone at the end of the year and john boehner accusing the president of ducking the central issue in the fiscal stand off. >> what the president offered so far, simply will not do anything to solve our spending problem. and, begin to address or nation's crippling debt and instead he wants more spending and more tax hikes, that will hurt or economy. and refuses to challenge the members of his party to deal with entitlement reform and big issues facing our nation. >> reporter: he suggests the ball is now, basically in the democrats' court. gregg. >> gregg: will the president focus at all on this topic, in the coming days? >> reporter: there doesn't appear to be much he can do, he's with his family in hawaii to celebrate christmas and he'll return to washington and landed in honolulu early today for a shorter than usual christmas break, and he says the white house -- at the white house he's a hopeless optimist but i
the house is shut down through christmas and even as we get closer and closer to the fiscal cliff. no deal was reached this week that would keep taxes from going up for everyone at the end of the year and john boehner accusing the president of ducking the central issue in the fiscal stand off. >> what the president offered so far, simply will not do anything to solve our spending problem. and, begin to address or nation's crippling debt and instead he wants more spending and more tax...
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minority leader mitch mcconnell following their white house meeting with president obama. here it is. >> everyone knows we've been to the white house. we've had a constructive meeting. we certainly hope that something will positive will come from that. >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> arthel: so is a fiscal deal more likely now than it was before congress left for christmas break? let's have a meeting of the minds. outreach director for freedom works, author of "backlash" and fox news contributor. and michael, former senior communications advisor to john kerry's presidential campaign and ceo of vent squared communications. long intros for both of you hard work people. i'm going with you first on this, danene. president obama says he's modestly optimistic. i ask you if ther
minority leader mitch mcconnell following their white house meeting with president obama. here it is. >> everyone knows we've been to the white house. we've had a constructive meeting. we certainly hope that something will positive will come from that. >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have...
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cliff. are you aware of that? do you have any knowledge of it? >> no, we are really not. what we saw was the house frantically throughout the summer focusing on the issue and trying to pass legislation to prevent it. the president threatening to veto and the senate not taking it up. this should not be a partisan issue. when they say the cuts are going to be devastating and they are. it came out of no where. no military analysis. they decided to cut after the president decided without any analysis to cut more. >> let's change the subject a little bit. i want to talk about -- >> sure. >> the narrative that we are hearing in regards to the middle east situation right now. you have seen the shifting narrative from the administration. you have seen in large part the mainstream media kind of clingion to this concept that your guy jumped the gun when had the press conference immediately after the libya event. that he shot first and aimed later. but now the facts seem to be bearing out the perspecti
cliff. are you aware of that? do you have any knowledge of it? >> no, we are really not. what we saw was the house frantically throughout the summer focusing on the issue and trying to pass legislation to prevent it. the president threatening to veto and the senate not taking it up. this should not be a partisan issue. when they say the cuts are going to be devastating and they are. it came out of no where. no military analysis. they decided to cut after the president decided without any...
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house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce the deficit only by 7%. that is 7% out of $1.1 trillion. in many ways is the president's solution more of an illusion? >> he is trying to sell this as a matter of fairness. he seems to be making progress politically on that front. you have a good point. another good question, there isn't any theory this would help the economy. the estimates are it would hurt this the economy. is now the right time for that? people are still hurting out there. >> gregg: the president is claiming, you heard him say this -- he has a mandate for raising taxes. i'll quote him. he said o
house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce...
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cliff talks. all tomorrow on fox news sunday, check your local listings for the time and channel in your area. >> heather: wicked weather out west pounding parts of northern california for a second day in a row. the rain soaked area bracing for more stormy weather today. new warnings of potential mudslides and flash floods after yesterday's system washed out streets, brought down power lines, knocking out electricity to thousands. dominic is live for us with the latest. dominic? >> hi there. worst yet to come. this third storm coming through overnight tonight. no one really sure quite should have water it's going to drench the region with. we had two major storms come through that dumped so much, that we've seen flooding everywhere. first person reports coming in of probably being damaged, particularly down in fulsome where a park became flooded and the water gushed through people's homes. here is one of the residents affected by that. listen to what he saw. >> i don't have carpet. >> it clogged u
cliff talks. all tomorrow on fox news sunday, check your local listings for the time and channel in your area. >> heather: wicked weather out west pounding parts of northern california for a second day in a row. the rain soaked area bracing for more stormy weather today. new warnings of potential mudslides and flash floods after yesterday's system washed out streets, brought down power lines, knocking out electricity to thousands. dominic is live for us with the latest. dominic? >>...